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26411 N Felix Rd
Florence, AZ 85132
San Tan - Serenity Acres · Land For Sale · 39.85 AC

INVESTMENT HIGHLIGHTS

  • Great Mix of Proposed Uses
  • Major Infrastructure Improvements
  • In Eldorado Holdings Master Plan
  • 100-Year Water Supply
  • Adjacent to Future North / South Corridor Highway Development
  • Low Availability of Land

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 39.85 AC
No. Stories 1
Zoning Vacant Land - Tract 1: SFH 124.21 AC (503 Lots),MF 14.77 AC, Com 14.94 AC (156.92 AC Total) Tract 2: Com (29.85 AC) Tract 3: SFH, BFR, Com (75.75 AC)

DESCRIPTION

Great Mix of Proposed Uses: These parcels offer a diverse range of potential uses, presenting an attractive proposition for varied development pursuits. This will be a great master-planned undertaking with multifamily, single-family homes, commercial, and potential industrial uses. 100-Year Assured Water Supply: One of the standout features of all three parcels is the assurance of a 100-year water supply. Such a guarantee eliminates a significant chunk of developmental uncertainties, ensuring that water, one of the most crucial resources for any residential or commercial establishment, will not be a hindrance. This assurance not only promises sustainability but also adds tremendous value, paving the way for smoother development processes. Join Well-Known Home Builders: These parcels offer an enticing opportunity to collaborate with some of the nation’s most renowned home builders. From the quality craftsmanship of DR Horton and the distinctive designs of Taylor Morrison to the luxury touches of Toll Brothers and the innovative layouts of Ashton Woods, the potential to create standout communities in collaboration with these industry giants is immense. Future North / South Corridor Development: The upcoming “North / South Corridor” development holds promising implications for these parcels. With an adjacent location and a planned interchange, the accessibility factor will see a significant boost, especially on the Arizona Farms Road. Stretching over 55 miles, from U.S. 60 in Apache Junction to Interstate 10 in Eloy, this state route promises to enhance connectivity, traversing through key locations like Queen Creek, Coolidge, Florence, and significant portions of Pinal County. In El Dorado Holdings Master Plan: The westernmost parcel holds a special distinction—it’s a part of the prestigious El Dorado Holdings master plan. Envisioned as a segment of the larger Arizona Farms Master planned community, this parcel is set to house approximately 503 lots within a grand 2,300 lot scheme. Adding to its allure, Eldorado Holdings has already secured an approved PAD, further solidifying the developmental potential of this piece of land. Multiple Uses For the West Parcel: The western parcel is a versatile piece of land, incorporated within the Eldorado Holdings residential master plan. Beyond its residential potential, it also presents unique commercial and multi-family development opportunities. Specifically, 14.77 acres are earmarked for multi-family development, while another 14.94 acres are primed for commercial uses, underscoring the multi-faceted appeal of this parcel. Major Infrastructure Improvements: Infrastructure forms the backbone of any successful development, and in this context, significant strides have been made. El Dorado Holdings has already undertaken considerable groundwork, setting the stage for future establishments. Moreover, the impending North / South Corridor promises to usher in a range of infrastructure enhancements, adding to the region’s developmental allure. Low Availability of Land: In the vicinity of these Parcels, there has been a marked decrease in the availability of land, a trend largely attributed to a surge in developmental projects and the significant presence of state-owned land. The region has seen a growing interest from SFH developers, with numerous projects sprouting up, aiming to capitalize on the area’s potential. This spike in developmental activity, combined with the vast expanses of state land that are not readily available for commercial or residential purposes, has created an incredibly tight market for land. Theses parcels are not just an opportunity for investment

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 210-47-019A
  • 210-47-020B
  • 210-47-020C
Land Assessment
$1,153,379
Improvements Assessment
$0
Total Assessment
$1,153,379
  • Listing ID: 29713514

  • Date on Market: 10/5/2023

  • Last Updated:

  • Address: 26411 N Felix Rd, Florence, AZ 85132

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